Real Matters (TSE:REAL) PT Lowered to C$6.50

Real Matters (TSE:REAL) had its price objective decreased by BMO Capital Markets from C$7.00 to C$6.50 in a research note published on Wednesday morning, BayStreet.CA reports.

Several other brokerages also recently issued reports on REAL. TD Securities upped their price objective on Real Matters from C$6.00 to C$7.00 and gave the company a hold rating in a research report on Friday, February 2nd. ATB Capital upped their target price on shares of Real Matters from C$9.00 to C$10.00 and gave the company an outperform rating in a report on Friday, February 2nd. Finally, Canaccord Genuity Group lifted their price target on shares of Real Matters from C$5.25 to C$6.50 and gave the stock a hold rating in a report on Friday, February 2nd. One equities research analyst has rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of Moderate Buy and a consensus price target of C$7.43.

Real Matters Price Performance

REAL stock opened at C$5.58 on Wednesday. The stock’s 50 day moving average price is C$5.77 and its 200 day moving average price is C$5.89. The firm has a market cap of C$407.67 million, a P/E ratio of -55.80, a PEG ratio of -59.18 and a beta of 0.68. The company has a debt-to-equity ratio of 3.26, a quick ratio of 3.75 and a current ratio of 5.03. Real Matters has a 1 year low of C$4.43 and a 1 year high of C$7.10.

About Real Matters

Real Matters Inc operates as a technology and network management company in Canada and the United States. It operates through three segments: U.S. Appraisal, U.S. Title, and Canada. It offers residential mortgage appraisals for purchase, refinance, and home equity and default transactions to the mortgage lending industry, as well as title services for refinance, purchase, home equity, short sale, and real estate-owned transactions to financial institutions under the Solidifi brand; and insurance inspection services to property and casualty insurers under the iv3 brand.